GOV
FHA
Insured by the FHA, this program provides the flexibility, low down payments, and credit leniency you need.
An FHA loan is a government-backed mortgage loan program administered by the Federal Housing Administration. FHA loans are designed to make homeownership more accessible, especially for first-time homebuyers and those with modest incomes or credit challenges. FHA loans are a popular choice for those who may not meet the strict credit and down payment requirements of conventional loans.
Credit Leniency: FHA loans are more forgiving of lower credit scores compared to conventional mortgages, making them accessible to borrowers with less-than-perfect credit.
Low Down Payment: FHA loans typically require a lower down payment compared to conventional mortgages, making homeownership more attainable.
Government Backing: The government-backed nature of FHA loans reduces the risk for lenders, which allows them to offer financing to a broader range of borrowers.
